MIXED USE INVESTMENT PROPERTY WITH 10% ESTIMATED CAP RATE

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2272/2284 Cranford Avenue, Fort Myers, FL 33916

Listing Description

The subject property is located within the City of Fort Myers just north of Edison Avenue at the southwest corner of Cranford Avenue and Lafayette Street.  The property consists of three buildings, a multi-tenant commercial building and 2 residential duplexes with two bedrooms and two baths each.  Currently 75% occupied, the projected Annual Gross Income is $56,548 and offers an estimated NOI of $43,054 annually. 

Additional Information

Building Sizes:
     2,156± SF Multi-Tenant Commercial
     (2) 1,581± SF Residential Duplexes 
2016 Property Taxes Combined:  $4,666.96
Zoned:  IL (Light Industrial) within the City of Fort Myers
Utilities:  All Available to the Site
Parking:  10 Spaces for the Commercial Building
 

Additional Information

Retail
$440,000
1953 & 1970
11,490± SF Partially Fenced
5,318± SF In Three Buildings
24-44-24-P2-02726.0240
10%±

Additional Files

Agent Information

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Lisa Farrell-Sands

Email: lsands@vipcommercial.com
Phone: (239) 489-3303
Cell Phone: (239) 470-5582

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